Realtor - Amanda S. Davidson: Kingstowne Home Sales Annual Market Review 2018

Kingstowne Home Sales Annual Market Review 2018

2018 Kingstowne Home Sales Market Review

The tune of it being a seller’s market played in Kingstowne throughout 2018. Final numbers show that the number of homes sold remained fairly consistent, an increase of 16 from 2017. Sale prices were a different story; up by over 5% in 2018 and days on the market were down by over 11%. Sellers also saw a 98.7% sale to list price in 2018.

Kingstowne Home Sales Market Report 


So what does this mean for Kingstowne real estate? It was an excellent year for sellers. Inventory remained low (and still is) which causes buyers to wait for new homes to become available and they are poised to act as soon as they do. We currently have less than a one month supply of inventory. If you’re considering selling your Kingstowne home reach out to me and let’s talk. Winter might be in full swing but, that doesn’t mean it’s not an excellent time to list your home in Kingstowne.

 

Kingstowne home image winter

 

It’s still important to keep perspective as a seller and not have a pie in the sky price in mind for your home. If you price your incorrectly and buyers perceive it as a poor value it will sit on the market. Bottom line, it’s an excellent time to list your Kingstowne home but, you have to be realistic about pricing and keeping perspective is key.

 

If you’re planning a move to Alexandria, Kingstowne is an area buyers often consider due to its close proximity to DC, Tysons’s Corner, Old Town, major commuter routes, and public transportation. Kingstowne is an urban community with tree lined streets and over 1,200 acres of green space. You’ll find apartments, condos, townhomes, and single family homes along with amenities including a lake, walking trails, outdoor pools, fitness centers, sports courts, and tot lots.

 

Kingstowne lake winter

 

A question I’m frequently being asked” “Is the market crashing? I heard on the news that it’s down.” No the market is not crashing, it is stabilizing in some areas and not everywhere is a seller’s market, some areas are even a buyer’s market but, real estate local. Hyper local. Market conditions vary in different neighborhoods so when you’re listening to the news just understand that what they’re saying isn’t specific to your market. If you’re a property owner interested in knowing the current market trends reach out to me. I’m happy to provide you with a free market analysis for your home! amanda@amandadavidson.com or 703-431-3755.

 

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Resources
Tips For Selling Your Kingstowne Home 

Kingstowne Home Buyer Tips 

 

 

 

Amanda Davidson Real Estate Group

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AMANDA DAVIDSON  
l ASSOCIATE BROKER l  
l AMANDA DAVIDSON REAL ESTATE GROUP BROKERED BY eXp REALTY l

C  703.431.3755   |   O  703.988.3151  |   W  www.amandadavidson.com

A  20130 Lakeview Center Plaza #400 Ashburn, Va 20147




Comment balloon 12 commentsAmanda S. Davidson • January 10 2019 06:14PM

Comments

What does it take to be a Excellent Realtor, one that knows their number and Amanda Davidson it that Realtor!!  Call her.

 

Posted by Will Hamm, "Where There's a Will, There's a Way!" (Hamm Homes) 5 months ago

Kingstowne has a really good review of its housing market. Buyers and sellers will be wise to call you Amanda. You know this area well!

Posted by Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Home and Condo Specialists (The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803) 5 months ago

HI Amanda... Kingstowne, without doubt, is one fast moving market. Hopefully it remains strong in the coming year.

Posted by Nina Hollander, Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor (Coldwell Banker Residential Brokerage ) 5 months ago

Thank you for keeping us posted and up to date. Best of luck!

Posted by Jeremy K. Frost, Associate Broker, CNE, CRS, ePro, PSA (Keller Williams Realty) 5 months ago

Ah huh....shorter days on market...prices UP...time to sell ...and time to buy to grab the escalating appreciation !

Posted by Sally K. & David L. Hanson, WI Realtors - Luxury - Divorce (EXP Realty 414-525-0563) 5 months ago

The market appears to be strong in Kingstowne and we can always count on you to keep us up to date!

Posted by Brian England, MBA, GRI, REALTOR® Real Estate in East Valley AZ (Arizona Focus Realty) 5 months ago

Good morning Amanda.  Thanks for keeping us informed about the real estate market in Kingstowne.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) 5 months ago

Amanda, great market review for Kingstowne, and 2018 does look like it was very good to Sellers.

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (House to Home, Inc. - Denver Real Estate - 720-231-6373) 5 months ago

Looks like a beautiful area and I am loving the snow in the pictures.

Posted by Norma J. Elkins, Realtor - Elkins Home Selling Team ( Elite Realty Group) 5 months ago

Thank you all for your comments. Kingstowne really needs inventory! I'm curious to see what this year holds for sellers. 

Posted by Amanda S. Davidson, Alexandria Virginia Homes For Sale (Amanda Davidson Real Estate Group Brokered By eXp Realty) 5 months ago

Good morning Amanda - Kingstowne has remained consistently strong but sellers should contact you to best position themselves to be part of the success.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) 5 months ago

Grant Schneider thank you! I'd love to hear from anyone considering selling in Kingstowne. 

Posted by Amanda S. Davidson, Alexandria Virginia Homes For Sale (Amanda Davidson Real Estate Group Brokered By eXp Realty) 5 months ago

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